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1700 lottery tickets are sold for $25 each, and one grand prize of $4100is awarded. If you purchase one ticket, find your expectation per ticket.

Anoop when I answered ur question u reported me but u didn't repoted others . Its not fare


Probability of winning the award is 1/1700
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There are 1700 tickets out of which one holds the prize. Probability of picking the one ticket is 1 in 1700.
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